Mirae Asset Mutual Fund

Mirae Asset Short Duration Fund Direct Plan Growth

₹ 16.39

NAV (Apr 04)

7.21%
3 Year CAGR
Scripbox Opinion
neutral-badge
Neutral
Click here for top ranked funds in short term mutual funds.

Short Term funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.

The category is one of the largest categories within the Debt Segment (9% of the total assets).

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Consistency of Credit quality

Category Leader

The fund has been a Category Leader on the Consistency of Credit Quality metric

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Scheme Information

Investment Objective

The scheme seeks to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years.

Expense Ratio
0.25 %
Launched 7Y ago
2018-03-16
AUM in Crores
342
ISIN
INF769K01DX6
Lock-in (days)
No Lock-in
Benchmark
CRISIL Short Duration Debt A-II Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
1
Beta
2.1
Sharpe Ratio
0.5
YTM
-
asset-allocation

Asset allocation and Holdings

Last updated on 2025-03-19

Top Debt Holdings

GOI

11.75%
11.748%

GOI

4.57%
4.566%

Bajaj Housing Finance Ltd.

4.48%
4.483%

National Bank For Agriculture & Rural Development

4.2%
4.195%

GOI

3.93%
3.931%
See all holdings
right-arrow

Frequently Asked Questions

Loading...